Nov-19 PMI Report: Manufacturing Activities Continue To Flourish?

Recently, the Central Bank of Nigeria (CBN) released Nigeria’s Purchasing Managers Index (PMI) for Nov-19. Interestingly, the two primary indexes, manufacturing and non-manufacturing, continued on the path of expansion, at 59.3 and 60.1 points, being their highest levels in over 2 years. Analysing the sub-indices for the manufacturing PMI, the performance was largely positive.

The production level, new orders, supplier delivery time, employment level and raw material inventory index all grew at a faster rate. However, the new export orders remained in the contractionary region, although it declined at a slower rate. Notably, this was the same narrative for new export orders in the non- manufacturing sector. As such, the persistent weakness in export orders can be attributed to slower external demand amid fierce competition with lower-priced products from other countries.

Looking ahead, we expect the manufacturing sector’s GDP which recovered in Q3-19 growing 1.1% y/y vs -0.1% y/y in Q2-19 – to continue on the path of expansion in Q4-19. This is on the back of the sustained improvement seen in the manufacturing PMI in Oct-19 and Nov-19 respectively. Also, we expect the sector’s growth to be supported by the renewed appetite by banks to lend to the real sector – with credit growth to the manufacturing sector between May-19 to Oct-1 9 up by N459.7bn. However, the overall performance is expected to be capped by the inadequate and dilapidated state of the country’s critical infrastructure.

United Capital Research.

Onyema’s US Indictment: Moving Away from the Noise

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Famous American televangelist, Robert Harold Schuller, postulated in his popular book Tough Times Never Last, Tough People Do, that “No matter how tough times get, you have the potential to achieve the best of life.”
Every adult knows that this is easier said than done. So, it follows in this connection that it takes a character, hence, a professor of law and an internationally renowned champion of character development and ethical conduct, Michael Josephson, posits that “Character is the moral strength to do the right thing even when it costs more than you want to pay.”
This might have been the guiding principle by which Allen Onyema, Chairman/CEO, Air Peace demonstrated strength of character by opting to take the onerous task of facing his accusers in the law court to absolve himself of the allegations levelled against him, as against hiding behind the finger to profit from a matter instituted at the Abuja High Court, against his extradition to the United States of America.
In this age of digital revolution, each piece of news can travel faster than light and spread wider than wildfire. Such has been the case of Onyema’s indictment by a US Attorney in Atlanta, Georgia. This matter has clearly been impacted by the growth of citizen journalism, aided by mobile devices and on-the-go news consumption. A trend, which many say, can only continue.
It is heartwarming, however, that Onyema has expressed a preference to take the long and often tedious journey of litigation to clear himself of the charges. Only a confident man of integrity can be this firm. Someone with a skeleton in his cupboard would have rejoiced at the news of an Abuja based Legal Practitioner, Mr Johnmary C. Jideobi filing an action against the Federal Government of Nigeria and others at the Federal High Court, Abuja Division.
In Suit No. FHC/ABJ/CS/1446/2019 – Johnmary C. Jideobi v. Federal Government of Nigeria & Ors, the lawyer, is purportedly seeking the protection and enforcement of Onyema’s fundamental human rights.
But Onyema would have none of that! He has chosen to ride on the tough times to showcase his strength of character.
Going by the statement issued by his lawyers, A.O Alegeh & Co, Onyema, has not only dissociated himself from the suit but has gone further to inform the world that he does not know the person who filed it and emphasized his intention to clear his name through the due legal process.
This is indicative that the hullabaloo would soon die down, while the truth would be unveiled.

Kwik Delivery Partners With Winpart To Deliver Spare Parts In Less Than 2 Hours To Customers In Nigeria

Kwik Delivery and Winpart announce today a partnership to ensure smooth, on-demand and flexible last-mile delivery of light auto spare parts to customers in Nigeria.

“The goal of Winpart, a division of CFAO Motors with a spread in several other African countries is to make available to motorists, quality auto parts from the Original Equipment (OEMs) Manufacturers like Denso, Bosch, Valeo, Philips, C-works, Riken, and a host of others explains, Olivier BUISSON, General Manager, Winpart.

“The heavy circulation of fake automotive spare parts in the Nigerian market has not only accounted for a great number of road accidents but also has led to the loss of lives and resources. We are changing this narrative.

“As we commence operation in Nigeria, we need a flexible, reliable and last-mile logistics partner that can adapt to the needs of each customer while delivering in less than two hours upon pick up of parcel. Kwik ticks all the right boxes and we are happy that this partnership will work for our customers”.

In Nigeria as in anywhere else, auto spare parts are fast-moving consumer goods. Thanks to Kwik, Winpart will be able to supply gas filling stations with their orders within 2-hours declares Romain POIROT-LELLIG, Founder & CEO of Africa Delivery Technologies, who operates the Kwik platform.The goal is to support Winpart and their customers grow their business while managing their inventory with quasi just-in-time leanness.” Winpart provides auto spare parts to the Total gas station network in Nigeria, among others.

British Airways Reveals Black Friday Deals

Thursday, November 28, 2019 – British Airways has today launched its Black Friday sale offers. Low fares and cut-price upgrade deals are available across the airline’s short and long-haul routes. To take advantage, customers must book by December 3, 2019.

Toronto

Long-haul

Customers can bag heavily-reduced World Traveller (long-haul economy) flights from London for under £300, destinations include*:

  • Abu Dhabi – £297 return
  • Las Vegas – £399 return
  • Kingston – £495 return
  • Johannesburg – £499 return
  • Grand Cayman – £649 return

Andrew Brem, British Airways’ Chief Commercial Officer, said: “Black Friday is now a global shopping bonanza, so we’ve created a range of great low fares our customers can benefit from. Whether it’s cut-price World Traveller flights, a business class cabin for less, or a holiday, there are options to suit anyone. And the cost can be reduced further, as always, by using Avios.”

The airline is also offering the chance for customers to purchase a World Traveller Plus (long-haul premium economy) flight for just £199 more than a World Traveller (long-haul economy) fare on routes including Washington DC, Toronto, Osaka, New Orleans and Phoenix. This gives customers a cabin with more personal space as well as an enhanced dining experience.

And British Airways is also offering savings in Club World (long-haul business class). Customers can pick up flights to Johannesburg for £2,599 return, as well as Toronto – a great chance to sample the Club Suite – Nashville or Austin all for £1595**. Flying Club World offers lounge access, a large inflight entertainment screen and a seat that converts into a fully flatbed.

Short-haul

Turning to short-haul, customers can book a pair of return tickets on selected routes in Club Europe (short-haul business class) for just £100 per person more than the Euro Traveller (short-haul economy) fare. This means that customers can fly in Club Europe to Prague for £186, Vienna for £196 and to Munich for £197 return.***

Holidays

British Airways Holidays is offering a great range of two-night city breaks to Europe for £99, including destinations such as Prague, Barcelona, Nice, Rome, Venice and Krakow. On top of this, there are deals to be had travelling further afield with attractive offers to Abu Dhabi, Seychelles, Johannesburg, Durban and Las Vegas.

And for those who spend a flight and hotel, or flight and car package, £100 can be saved on holidays with a minimum spend of £2,500 per booking, and £50 for £1,250. Customers staying at selected AMResorts hotels in Cancun and the Dominican Republic can save £100 for a 7-night British Airways Holiday booking, £150 for a 10-night booking and £200 for a 14-night booking.

Avios part payment

There are also deals to be had when using Avios. As always, customers can choose to reduce the cost of their flight by using Avios, picking from a range of savings by destination and cabin.

Coinciding with the sale dates, British Airways is offering enhanced Avios part payment rates below:

Route Avios part payment
Abu Dhabi (World Traveller) £157 and 28,000 Avios instead of £297
Las Vegas (World Traveller) £149 and 53,000 Avios instead of £399
Johannesburg (World Traveller) £159 and 72,000 Avios instead of £499
Johannesburg (Club World) £1849 and 152,600 Avios instead of £2599
Nashville (Club World) £845 and 152,600 Avios instead of £1595
Toronto (Club World) £845 and 152,600 Avios instead of £1595

“Nigerians are searching for Keke Napep, among others on Jumia” – Anammah

  • E-commerce will account for 10% of retail sales in Africa by 2025
  • SMEs, Consumers are the biggest beneficiaries of Black Friday
  • Black Friday campaigns are data-driven

The Chief Executive Officer of Jumia Nigeria, Mrs Juliet Anammah has stated that Keke Napep (Tricycle) is one of the bizarre things Nigerians searched for on the platform during the weeks leading up to the company’s Black Friday campaign slated for Friday, November 29th, 2019. This, according to her, is an affirmation of the trust that shoppers have in the platform for finding everyday essentials.

Anammah, who stated this while fielding questions from journalists in Lagos, said the Nigerian entrepreneurs and consumers always remain the biggest beneficiaries of the Black Friday campaigns. This is because all the products listed on the Jumia platform are data-driven to enable consumers to find the products they want at a price that’s convenient for both the sellers and consumers.

Inline, the McKinsey’s Lion Go Digital Report, online shopping could account for up to 10% of retail sales in Africa (with a value of around the US $75 billion) by 2025, as more Africans gain access to the internet. “Campaigns such as Black Friday will contribute significantly to driving e-commerce adoption,“ she said.

“We plan Black Friday campaigns 6 months ahead of time. We engage in consumer focus groups and multiple workshops with consumers to understand some of the things they want to buy on Jumia. So, it starts with the consumers first. We share the data we obtain with our sellers to influence the kind of products they should list on our platform during special campaigns like Black Friday and at a price that is convenient for both parties,” she stated.

Although Jumia introduced the Black Friday campaign to Nigerians in 2014, two years after it established its presence in the country, consumers respond to the campaign has been tremendous.

“Consumers response to Black Friday has been tremendous since we introduced the shopping event to Nigerians in 2014. Year on year, we’ve seen it grow. Nigerians are very responsive to campaigns like these. It’s really about bringing the best of deals from our sellers and brand owners to the consumers. And they respond quite positively. Black Friday is a time when consumers are looking for deals; they want to get the best prices on anything that they want’ she noted. 

Anammah emphasized that the company sources exclusive deals and communicates those deals well ahead of time, that somehow influences what people are searching for. “What people search for are triggered by the exclusive deals we have, treasure hunts and flash sales. People are searching for phones, appliances, TVs, many brands such as Reckitt Benckiser, Binatone, HP, Scanfrost among others,” she concluded.

Nexus, UKA, HP, Microsoft, Samsung, and Binatone are among the top leading global brands partnering with Jumia for the campaign this year.

Kwara holds open bid for renovation of 31 public schools

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At least 115 local contractors on Wednesday took part in an open bid for the renovation of public schools recently advertised by the Kwara State Government.

The bid, conducted in the presence of the media and the contractors, followed Governor AbdulRahman AbdulRazaq’s directive about government contracts adhering to the public procurement process.
Mariam Garba, Permanent Secretary of the Ministry of Education and Human Capital Development, said the first phase of the project involves eight first-generation schools in the state which will undergo a comprehensive renovation.
Twenty three others would have their classrooms and offices renovated and basic infrastructure supplied to make learning conducive in the schools, according to Garba. She said the projects would be executed under 34 lots at the total sum of N2,004,205,641.01.
“The infrastructure decay/deficit inherited is so enormous and cannot be immediately remedied (in one fell swoop) due to the huge cost required,” Garba said.
“The present administration has therefore demonstrated courage in deciding to institute modalities for the gradual renovation of dilapidated structures and provision of essential facilities that will make public schools in the state conducive for teaching and learning.
“I want to reassure all bidders that this ministry is committed to ensuring that the whole process will be transparent, open, free and fair.”
The bidding involved ministry’s officials reading out the figures and other details of the bid, including the technical and financial parts of the proposals.
Some of the contractors who spoke with newsmen commended the state government for the transparency of the process and the confidence now reposed in indigenous contractors.
“The process is transparent. We all saw the opening of the bid. The technical and financial bids were opened in our presence and as far as we are concerned it is transparent. We have the assurance from the Permanent Secretary that everybody will be equally treated,” Maroof
Ahmed, Secretary of the Indigenous Contractors in Kwara State, said. “We want to thank the government for patronising the indigenous contractors because it has its own merits.
“An indigenous contractor who wins any of the lots will engage artisans, local drivers, suppliers and the likes, and these people make the bulk of our population in Kwara.”
Temitope Odetoye, Vice Chairman of the State chapter of the Nigerian Society of Engineers who was at the event, also lauded the process. “The process is fair, open and transparent as the bids were open in the presence of everyone,” he said.
“We have been urging governments to patronise indigenous engineers. We are very happy this is now happening. It is a welcome idea. It is like giving back to the system and contribution to socio-economic development.”
The schools advertised for the renovation included Government Secondary School, Alapa, Asa LGA; Community Secondary School, Baboko, Ilorin West LGA; Senior Secondary School, Okelele, Ilorin East LGA; Ansar Islam Secondary School, Ikotun, Oyun LGA; Pategi Secondary School, Patigi LGA;
Government Arabic College, Jebba, Moro LGA; Government (Unity) Secondary School, Kaiama LGA; Osi Central School, Ekiti LGA; Offa Grammar School, Offa LGA; and Government Secondary School Omu Aran, Irepodun LGA.

USE OF PHONE TO ACCESS GOOGLE MAP APP WHILE DRIVING: FRSC’S TRUE POSITION

The attention of the Federal Road Safety Corps has been drawn to an online publication where the Sector Commander, Federal Capital Territory (FCT), Corps Commander Wobin Ayuba Gora was quoted out of context on the use of google map app while driving, during the 2019 ‘Ember Months’ flag-off held in Lugbe, FCT on Wednesday.

According to the writer, the FCT Sector Commander while delivering his ember months address stated that driving with the aid of Google map using a mobile phone is a serious traffic offence.

The Corps wishes to state that the Sector Commander must have been misquoted and his statement outrightly misrepresented because the Federal Road Safety Corps as a technology-driven organisation is not and has never stood against the use of google map by motorists.

To state the obvious, we have always enlightened the public on the position of the law on the use of phone while driving which the Sector Commander tried to emphasize during the flag off.

The statement he made during the flag off buttresses the position of the Corps, which is that any driver who intends to deploy the use of Google map while driving must have it set on the phone before embarking on the journey, not while the vehicle is already in motion as this could be dangerous to the driver and other road users, and can lead to road traffic crash.

We say this because, available records have shown that use of the phone for whatever purpose; be it text, voice calls, chats, browsing, setting google map to find location etc while driving could be distractive and can easily lead to loss of concentration. This has led to many road traffic crashes with attendant loss of lives and properties.

On the strength of this, the Federal Road Safety Corps wishes to reiterate its position on the use of phone while driving as a dangerous and hazardous road traffic behaviour which has led to unwanted and avoidable road crashes.

We, therefore, call on all motorists who intend to deploy the use of google map on their phone especially during the festive season when traffic density is high, to activate such before setting the vehicle in motion so as to ensure 100 per cent concentration on the wheels.

Road Safety is State of Mind, Road Traffic Crash is Absence of Mind. Stay Alert, Stay Alive! FRSC Cares for Your Safety.

"Art Hyperconnectivity" International Forum Successfully Held in Shanghai

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12 Art Pioneers Shared Frontier Perceptions on Art, Innovation, the Public, and Interdisciplinary Empowerment

 

SHANGHAI,
CHINA – Media OutReach – 28 November 2019 – The “Art Hyperconnectivity” International
Forum hosted by The Art Newspaper
China came to a successful closure during Shanghai Art Week. Twelve art
pioneers including local and international artists, curators, directors of art
foundations, art patrons, and urban culture brand shapers shared their ample
experiences and perceptions on issues related to history and culture, human
existence and technological evolution, weaving of creative contents and linking
of public projects led by art galleries and institutions, globally and locally
diverse connections enabled by international art festivals, and new brand
culture as well as regional development engine launched by art patrons and
urban culture brand shapers, from the three dimensions of “Art and
Innovation,” “Art and Public,” and “Art and
Empowerment.”


Forum
speakers included Cao Fei, Chen Danqing, Pansy Ho, Liu Chuang, Bérénice Angremy, Christl Baur, Ole
Bouman, Axelle de Buffevent, Mario Mainetti, Christoph Noe, Denis Penet, and Mariano Sardón.

Art and Innovation

Rethinking the Value of Humanity at the Age
of Technological and Social Change


The forum’s first section in the
theme of “Art and Innovation” delved into the issue of how to broaden
and expand the innovation and connection of diverse thinking dimensions based
on artists’ creation, interdisciplinary research on art and neuroscience, and
working patterns of art festivals.

Technological
and cultural innovation in the society was what Liu Chuang explored and
researched into as an artist. He remarked that “the environment in which
these innovations took
place and the
dynamic systems established by these new conditions always hang upon the idea
of ‘ruins’.” Ranging from museums, galleries, the birth of modern
knowledge system, to the aliens and alien planets relevant to the vanishing
minorities in Steven Spielberg’s movies, “it is apparent that the
destruction and construction of culture occur simultaneously, and new cultural imagination is also the fruit
of the vanishing cultural ruins.”

Artist Cao Fei started her speech
with a series of questions pinpointing the root of “Art Hyperconnectivity,”
and emphasized that the works of artists should be more open-minded, open to
and tapped into the practical social realm, and consequently broaden the span
of artistic subjects. Meanwhile, Cao also warned against the excessive
connection among art, consumption, and trend. In view of her observations on
Shanghai Art Week, Cao stated that “to take into account merely
consumerist artworks, current artistic trends and fads, and to reconstruct
second-hand art creation on the basis of second-hand experience, would
inevitably result in another kind of ruins which are of no benefits, even if it
brings forth temporary yet fleeting prosperity.” As Cao averred, “I
am exceedingly concerned about our current situations.” 

Art and Public

Shaping New Community Connections and Urban Development Patterns

Spanning
from Wuzhen, the ancient town of rivers and lakes, to Shenzhen, the southern
city, to Aries in the south of France, and Macao, with a blending of Chinese
and Portuguese Culture, art galleries, design centers, and urban arts festivals
such as international photography festival have significantly activated the
connections of domestic and overseas cultures. Interactions among communities
in terms of urban planning are on-going, so is the resource reintegration of
arts, tourism, and economics. In addition, the developmental dimension and
space of “Art and the Public” is expanding.

Artist, Director of Mu Xin
Museum in Wuzhen, Chen Danqing
held the opinion that there were no discrepancies
between urban arts and suburban arts, as he remarked that “apart from
Beijing, Shanghai, and Guangzhou, art institutions are now emerging in a large
amount of cities and regions; holding Wuzhen Theatre Festival and Wuzhen
International Contemporary Art Festival could not only make it possible for the
locals to enjoy world-class artworks but also attract people from all over the
country to visit.” Ole Bouman, Founding Director of Design
Society
, stated: “The core of Design
Society is to establish connections, and we will devote ourselves into transforming
business decisions along with major decisions at certain historical periods under
the guidance of specific policies into valuable experiences for everyday life
of the public. Throughout this whole process, the role of Design Society would
be ‘facility supplier’, and the audience would be the creator of culture.”

All forum speakers proposed
the conception of “human-oriented,” while throughout the process of
shaping urban culture brands. Pansy Ho, the Co-Chairman and Executive
Director of MGM China Holdings Limited
, stated: “As a lifestyle and a
social platform, culture and art events could tap into people’s everyday life,
and become the soft power that unites communities and regions. Taking up the
responsibilities of an urban planner, we should make good use of public art
resources and transform them into public properties and social benefits.
Moreover, it would be of great significance to introduce public art into integrated
resorts and mixed-use properties, so that more social development dividend
could be created and shared.” Speaking of the plan for art development in
Macao for the next decade, Ho indicated that “While Macao government will
take effective actions in aspect of art education,” we are “sparing
no efforts in terms of capital and resources.” Ho was in the hope that
“art would be a sustainable industry, ” and that “more
youngsters would take an active part and set up a burgeoning industry of great
diversity.”

Art and Empowerment

Originating from the Diversity and Creative
New Dynamic of Brands


The third section of this
forum, “Art and Empowerment”, was to invite directors of art
foundations and projects of international brands, critiques of
interdisciplinary art events to discuss how art could bring forth new creative
force and energy in light of their personal experiences and in the aim of
fostering a new creative dynamic.

Mario
Mainetti, Head of Research and Publications of Fondazione Prada
,
introduced art and culture events held by the foundation since its inception in
1995, which encompassed contemporary art, performance art, music, photography,
architecture. Fondazione Prada has also successfully held four art exhibitions so
far in Prada Rong Zhai in Shanghai since March 2018, including a solo
exhibition of Liu Ye and the on-going exhibition “Li Qing: Rear
Windows.” “Although we did not underscore the brand of Prada, it
certainly shaped up a larger dynamic in cooperation with foundations, and
facilitate more comprehensive collaborations in art projects,” Mainetti
said. Denis Penet, Associated Art Curator, Audemars Piguet introduced
the background, mechanisms and projects of Audemars Piguet Art Commission. In
light of its brand philosophy “Mastery, Innovation
and Independence ,” the art commission projects attach great importance to
the experimentality of artworks and the conversations among society, science,
and pop culture. Axelle de Buffevent, Style Director of Martell Mumm Perrier-Jouët, elaborated
on specific cases of the dynamic integration of design and the champagne house.
In accordance with its artistic conceptions of “Everyday Aesthetics,”
“Inspirations from Nature,” “Art Synthesis,” and “Craftsmanship,”
Perrier-Jouët encouraged the conversations among artists, designers, and the
brand, while at the same time invites artists to participate in product
designs, and thereby spread its brand aesthetics.

“Art Hyperconnectivity,”
organized by Modern Media with Lead Partner Mercedes-Benz, is the pivotal of a
series of events themed with “Power of Art” during Shanghai Art Week
this November, with MGM China being the Forum Partner.
These thematic art events also included “Asia Art Pioneers” award
ceremony held during the art week and the featured exhibition “Sometimes
You’re the Hammer, Sometimes You’re the Nail” organized by Art Review and Art Review Asia at ZiWU; the exhibition will run utill January 12, 2020.

Art Hyperconnectivity

Organizer:
The Art Newspaper China

Lead Partner: Mercedes
Benz

Forum Partner:
MGM China

Production:
Modern Media

Venue Partner:
Shanghai Tower

Full review of
the forum (Chinese):

https://mp.weixin.qq.com/s/Jn_dsg2A6yspFqPI49_i1w

CUHK Appoints Dean of CUHK Business School

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HONG KONG,
CHINA – Media OutReach – 28 November 2019 – The
Council of The Chinese University of Hong Kong (CUHK) has unanimously approved
the appointment of Prof. Lin Zhou as new Dean of CUHK Business
School for five years, targeted to start from December 2019.  Prof. Zhou succeeds Prof. Kalok Chan, Wei Lun
Professor of Finance at CUHK, who completed his term on 3 November 2019. The
University is deeply grateful to Prof. Chan for leading the Business School and
his dedicated contribution and service over the past five years.

 

Prof. Lin Zhou is University Chair Professor of Shanghai
Jiao Tong University. He has rich experience in teaching and administration,
having served the University for a decade. In 2008, he participated in the
establishment of the Shanghai Advanced Institute of Finance and was appointed
the Founding Deputy Director. He became Dean of the Antai College of Economics
and Management in 2010 and led the transformation of Antai into a world-class
business school during his eight years of leadership. Prior to his appointment
at Shanghai Jiao Tong University, he held full-time academic appointments at
Yale University, Duke University, Arizona State University for nearly 20 years,
as well as visiting positions at Hong Kong University of Science and
Technology, City University of Hong Kong, Tsinghua University, and other
institutions in Australia, Belgium, Japan, and Spain.

 

Prof. Zhou remarked, “I am honoured to be offered the
Deanship of CUHK Business School. The School is highly renowned for its strong
academic research and talent base. I look forward to working closely with the
faculty, staff, students and alumni, to make CUHK Business School one of the
best institutions in the world. We will continue to nurture talent that
embraces innovation, has an entrepreneurial mindset, and values social
responsibility.”

 

Prof. Zhou graduated from Fudan University in 1982 and
obtained his PhD in Economics from Princeton University in 1989. His research
covers the basic theory areas of microeconomics, including game theory,
mechanism design, social choice and welfare. As a prominent researcher and
academic, Prof. Zhou has written numerous original papers, and has been
appointed to the editorial boards of top ranking journals. He was awarded the
Dissertation Fellowship and Research Fellowship by the Alfred P Sloan
Foundation and, in 2009, he was elected as a fellow of the Econometric Society,
the first from Greater China, further validating his remarkable research
achievement.

 

Prof. Zhou has been actively involved in developing talent
through management education. He was on the Board of Directors of the
Association to Advance Collegiate Schools of Business (AACSB International) and
chaired its Asia-Pacific advisory council; he is currently a member of its
Business Accreditation Task Force. Prof. Zhou also serves on the EQUIS
Accreditation Board of the European Foundation of Management Development. He
sits on the advisory boards of different business schools around the world.
Within mainland China, he is a member of Ministry of Education’s Supervisory
Committees on MBA and Economics Discipline. The Shanghai Municipal government
awarded him the Magnolia Silver Award in 2013 for his contribution to society
as a foreign expert.

 

In accordance with the guidelines and procedures for the
search and appointment of faculty deans, CUHK formed a search committee to
launch a worldwide search for the next Dean of CUHK Business School. Having
thoroughly considered the nominations/applications received, the Search
Committee finally recommended Prof. Lin Zhou for the position. Pursuant to the
appointment procedures, Prof. Zhou met with faculty, administrative staff and
students of the Business School earlier to exchange views on the future development
of the School and the Council subsequently appointed him as Dean of CUHK
Business School.

About CUHK Business School

CUHK
Business School comprises two schools — Accountancy and Hotel and Tourism Management — and four
departments — Decision Sciences and
Managerial Economics, Finance,
Management and Marketing. Established in Hong Kong in 1963, it is the first
business school to offer BBA, MBA and Executive MBA programmes in the region.
Today, the School offers 8 undergraduate programmes and 20 graduate programmes including MBA, EMBA,
Master, MSc, MPhil and Ph.D.

 

In the Financial
Times
Global MBA Ranking 2019, CUHK MBA is ranked 57th. In FT‘s 2019 EMBA ranking, CUHK EMBA is ranked 24th in the world. CUHK Business School
has the largest number of business alumni (36,000+) among universities/business schools in Hong Kong — many of whom are key business
leaders. The School currently has about
4,400 undergraduate and postgraduate
students and Professor Kalok Chan is the Dean of CUHK Business School.

 

More information is available at www.bschool.cuhk.edu.hk or by
connecting with CUHK Business School on
Facebook: www.facebook.com/cuhkbschool and LinkedIn: www.linkedin.com/school/3923680/.

DHL Global Forwarding awarded contracts by major Chinese wind turbine manufacturers

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  • Major
    Chinese wind turbine manufacturers DongFang Electric, Envision and Goldwind
    engaged DHL to ship components to sites around the world
  • The
    freight forwarder aims to support the growth of China’s wind turbine industry
    through its expertise in freight forwarding, documentation and customs
    clearance of oversized break bulk cargo

SHANGHAI, CHINA – Media OutReach – 28 November 2019 – In line with accelerating global demand for
clean energy generation, DHL Global Forwarding today announced several
partnerships with Chinese manufacturers to transport wind turbine components to
project sites across the world. 

“Shipment of a wind turbine’s oversized components — like its blades, towers
and nacelles — requires multiple connections and transfers over land and sea, and
involves logistical precision, speed and coordination among various parties,”
explains Steve Huang, CEO, DHL Global Forwarding Greater China. “Led by our
industrial projects team, our expertise in end-to-end handling of break bulk
cargo has convinced leading Chinese manufacturers like DongFang Electric,
Envision and Goldwind to partner us in their ambition to meet the needs of an
industry that’s predicted to grow at a rate of 8.38% per annum in the next five years.”

Last year, Chinese manufacturers dominated over 36.6% of the global wind
turbine market, with Goldwind and Envision — two of China’s largest wind turbine manufacturers — collectively
accounting for over 22.2% of global sales. China reportedly installed over 21.1 gigawatts of wind power in 2018, landing pole position in the fast-growing
green technology industry. 

The ongoing partnership between DHL Global Forwarding and Envision sees the
former transport wind turbine blades, nacelles and tower components of over
18,300 metric tons (170,000
cubic meters)  from the factory floor to Envision’s
90-megawatt Wind Power Project in Mexico. DHL Global Forwarding is also shipping and providing customs clearance
services for over 21,000 metric tons (150,000 cubic meters) of
generators, wind turbine blades and tower components to Dongfang Electric’s
Ethiopia Aysha Wind Power Project. 

Another project with Goldwind is also in the pipeline, involving the
transportation of wind turbines across the Australian outback to Goldwind’s
Agnew Mine — where wind power will make up a portion of a large hybrid
microgrid. 

“Our existing and future partnerships with China’s leading wind turbine
manufacturers highlight the strong trust that we have built with them over
time, by providing well-coordinated, time-efficient and transparent freight
forwarding services and customs clearance,” says Jiang Li, Head of Industrial
Projects, DHL China. “In the coming years, we aim to further hone our expertise
in this area, so we can better support China’s growing role in meeting the
demand for safe and sustainable energy generation across the globe.” 

Note to editors:

Demand for wind turbines is growing fast, fanned on by
the political and economic necessity of renewable yet reliable power sources.
Find out how logisticians
manage the high degrees of precision, coordination, and special equipment
required to ship gigantic wind turbines to some of the most remote areas of the
world.


50 Years DHL

In 2019 DHL is celebrating 50
years
since the company’s founding by three entrepreneurs in San Francisco
in 1969. DHL began as a disruptor to the traditional delivery industry,
circumventing bureaucracy with an innovative new service to deliver documents
by air overnight. Since then, DHL has grown into a globe-spanning family of DHL
companies with about 380,000 employees in over 220 countries and territories
that covers the entire spectrum of logistics and supply chain services. DHL’s
customer-centricity and can-do culture have fueled five decades of innovation —
from the DHL 1000, one of the first word processing computers in the world,
to using the purpose built StreetScooter, an environmentally friendly delivery
vehicle powered by an electric drive and developed by Deutsche Post DHL Group.
With the Mission 2050 commitment to reach zero group-wide emissions by 2050,
DHL is continuing to be a trailblazer in the logistics industry.

 

DHL The logistics
company for the world

DHL is the leading global brand in the logistics industry. Our DHL family
of divisions offer an unrivalled portfolio of logistics services ranging from
national and international parcel delivery, e-commerce shipping and fulfillment
solutions, international express, road, air and ocean transport to industrial
supply chain management. With about 380,000 employees in more than 220
countries and territories worldwide, DHL connects people and businesses
securely and reliably, enabling global trade flows. With specialized solutions
for growth markets and industries including technology, life sciences and
healthcare, energy, automotive and retail, a proven commitment to corporate
responsibility and an unrivalled presence in developing markets, DHL is
decisively positioned as “The logistics company for the world”.

 

DHL is
part of Deutsche Post DHL Group. The Group generated revenues of more than 61
billion euros in 2018.